BTC/USD The end of the diagonal triangle formation. Finally!!!
Currently we have ended the diagonal triangle formation and it appears after extensive market movement and several re-adjustments of my chart (E) 5th wave of the diagonal triangle formation hit a pivot below the 0.618 fib line at 5405 and is currently hovering around the 0.618 fib line. Currently momentum and volume are rising with the potential to finally hit the 6200 mark within the next few days. RSI is still over sold and also still within the 70% volume profile area. It has been a wild ride and I am looking forward to the bull ride.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.